Harmonic Drive Gear Reduction Market is Trending Worldwide due to Trend’s, Analysis & Forecast to 2024

Harmonic Drive Gear Reduction Market
The harmonic drive is used in situations where smooth, efficient gear operation is needed. Initial applications are in robotics, aerospace and solar tracking, the materials used in these applications can wear and break if the gearing in a motor is rough.

The Harmonic Drive Gear Reduction Market report mainly elaborates the definition, types, applications and major players of Harmonic Drive Gear Reduction markets in details. Deep analysis about market status, enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also be included.

The harmonic drive is used in situations where smooth, efficient gear operation is needed. Initial applications are in robotics, aerospace and solar tracking, the materials used in these applications can wear and break if the gearing in a motor is rough. Harmonic gear vendors offer a unique gear tooth profile that optimizes the tooth engagement. Only the high end vendors are able to provide harmonic drives that work, the other units become trash within days.

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Key Companies Covered in this report: Market Leaders, Harmonic Drive, Sumitomo Heavy Industries, Beijing CTKM Harmonic Drive, Leaderdrive, Zhejiang Laifu, Nidec-Shimpo, Cone Drive.

Revenue for harmonic drives was $838 million in 2017, and products are expected to generate revenue of $3.517 billion by 2024. Strong growth is the result of increasing use in industrial robots as they become integrated and able to perform multiple functions sequentially in an automated manner. Harmonic drive reduction gearboxes are presented many new market opportunities from multiple types of applications. The VNTOL aircraft uses the drive reduction to enable vertical takeoff This lifts off like a helicopter and files like an airplane.

Main Key Topics of this Harmonic Drive Gear Reduction Market: Harmonic Drive, Precision Strain Wave, Reducer Gearboxes, RV and RD Reducers, Industrial Robotic Drive.

Market Participants: Beijing Harmonic Drive Technology Institute (BHDI), Beijing Zhong Ke Ke Mei Harmonic Drive Limited Liability Company, China Harmonic Drive (CHD®), Motion Control Products, Nabtesco, Nidec-Shimpo, Parker Bayside, Suzhou Green Harmonic Drive Technology Co., Ltd., Totel Industry Group / Ningbo Haishu Totel Imp. & Exp. Co., Ltd.

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Demanding applications for the gear box include surgical robots. By application category, there was a substantial year-on-year increase in sales for industrial robots used on production lines for smartphones, tablet devices, household appliances, automobiles, and other products.

Sales for semiconductor manufacturing equipment increased due to rising capital investment against a backdrop of increasing demand for industrial equipment, automotive devices, and devices for data centers, among other factors. Sales for flat panel display manufacturing equipment increased due to high levels of investment to expand production capacity for LCD and organic EL panels.

Semiconductor liquid crystal production equipment, photovoltaic equipment, optical instruments, precision machine tools and other cutting-edge areas provide target applications.

Japan manufactures reliable performance precision gears. Reliable performance of precision gear reducer manufacturing is not yet occurring at scale elsewhere, particularly in China. China with its huge investments in industrial robots would really like to be able to scale manufacture of harmonic drive precision strain wave reducer gearboxes.  

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